Kim is very proud of her involvement in planning and organizing a successful countywide food drive. She wants her resume to highlight that she can get things done. The BEST resume structure for Kim to use is ________
a. chronological
b. functional
c. result-oriented
d. organizational
c
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Which of the following is TRUE of limited partners in a limited partnership?
A) They have limited liability for the debts of the business but their potential for profits is unlimited. B) They usually have first claim to profits and losses made by the business. C) They assume the same operational duties as that of the general partner. D) They have to assume a liability beyond their contribution in the business in the event of a bankruptcy.
Under process costing, costs assigned to goods sold are transferred to the Cost of Goods Sold account from the ________. A perpetual inventory system is used.
A) Finished Goods Inventory account B) Work-in-Process Inventory account C) Raw Materials Inventory account D) Sales Revenue account
Which of the following does not represent a sale?
a. Merchandise placed aside for a customer who plans to come in next week and pay with cash b. Purchase of merchandise by a customer who pays cash c. Sale of merchandise to a customer who uses a credit card d. Purchase of merchandise by a customer who uses a debit card
Under the accounts receivable aging method, the balance in Allowance for Uncollectible Accounts must be considered prior to adjusting for estimated uncollectible accounts
Indicate whether the statement is true or false